US Sanctions to Have 'Significant' Impact on Russian Oil

The video discusses the impact of sanctions on Russian oil production and global markets. It highlights the uncertainty in determining the full impact of these sanctions and the potential for a balanced market by 2025 due to growth from non-OPEC producers. The sanctions have targeted major oil companies and tankers, affecting the transportation of Russian and Iranian oil. The video also explores how other market actors might respond, especially if oil prices remain below the $60 price cap, with a focus on major buyers like China and India.

What is the significance of the 60-day window mentioned in the context of tankers?

Which countries are identified as major buyers of oil in the context of the sanctions?